Social / County Council / Local Authority Housing Insurance

Social / County Council / Local Authority Housing Insurance

Social Housing is a fast growing facet of the Irish Property sector, provided not only by the state, but also private landlords / property owners, institutional investors and housing bodies / associations provide much needed accommodation to those on housing waiting lists in our country. It is often a challenge to find comprehensive All Risks insurance cover for such privately / institutionally owned properties because it requires expert knowledge of landlord insurance and the needs of local authorities / county councils. Our team has 40 years’ experience in property owners’ insurance and are ready to talk to you now in
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Categories: Landlord Insurance and Uncategorized.
Budget 2022 – IPOA Respond

Budget 2022 – IPOA Respond

October 2021 The Irish Property Owners’ Association is disheartened, disillusioned and disappointed that the Government has not addressed the serious issues which the Association has repeatedly brought to the Governments attention.    Once again the Government has missed the boat in providing accommodation for Tenants. In a note to members prepared just after the details of Budget 2022 were announced, IPOA Chairman, Stephen Faughnan said “Neither the Government nor opposition has grasped the nettle which is causing the exit of thousands of Property Owners from the market.  Over the years the Irish Property Owners’ Association has outlined the causes of these
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Categories: News.
Local Property Tax (LPT) Valuation – Update

Local Property Tax (LPT) Valuation – Update

You may already have been contacted by Revenue with regards to your Local Property Tax. The next valuation date for Local Property Tax is the 1st November 2021. It is important that Landlords are aware of this –  the valuation of your property on the 1st November will determine the LPT amount to be paid annually from 2022 to 2025. LPT details on Revenue’s website are available HERE. Finance (Local Property Tax) Act 2012 (as amended) click HERE   IPOA – SUPPORTING RESIDENTIAL LANDLORDS CONTACT US 01-8276000 / info@ipoa.ie
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Categories: News and Uncategorized.
Signing – Statutory Declaration

Signing – Statutory Declaration

October 2021 Question: I am currently living in the States and want to sell my tenanted house in Cork. Can the required Statutory Declaration be completed by a solicitor outside Ireland?   Response: If you are a Landlord and need to have a Statutory Declaration signed, we understand it has to be completed by a solicitor licensed to practice in Ireland. We are not aware of any exceptions to this.   IPOA – Supporting Landlords For Over 27 Years Contact Us – 01-8276000
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Categories: Uncategorized.
Flood Prevention – Tips from an Insurance Perspective

Flood Prevention – Tips from an Insurance Perspective

  Flooding is the most common natural disaster so firstly you need to ensure that your property insurance policy covers Flood risks. If your property is located in a flood risk area it is highly likely that your current policy will exclude flood and you will find the cover is not available to you on the insurance market in general. So what do you do – The key to reducing flood damage is to take precautions, which in many cases you can accomplish in a few hours to a few days. Check outside Drains Check to ensure that outside drains
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Categories: Landlord Insurance and Property Management.
Leak Coming From The Property Above Mine, Is This Covered By Insurance, Who Is Responsible?

Leak Coming From The Property Above Mine, Is This Covered By Insurance, Who Is Responsible?

September 2021 Question: There was a leak coming from the property above mine, it has caused damage to my ceiling, wooden floors and tenant’s laptop, is this covered by insurance and who is responsible? Response: On the assumption that your property is a rented apartment unit within a management company (OMC) controlled block, there will be a management company Block combined (property and liability) insurance policy (the ‘Block policy’) in place in the normal course, which you as an owner contribute to via your annual management fee and this is paid to date. Your first port of call therefore is
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Categories: Landlord Query of the Week and Uncategorized.
The Residential Tenancies (Tenants’ Rights) Bill 2021

The Residential Tenancies (Tenants’ Rights) Bill 2021

22/09/2021 The Residential Tenancies (Tenants’ Rights) Bill 2021 introduced by Ivana Bacik Labour TD is before the Oireachtas today.    It is an opposition Bill and is expected to be blocked by the Government. The purpose of this Bill is to make a range of amendments to the Residential Tenancies Acts 2004 to 2020, to provide for greater security of tenure and rent certainty for tenants, and to provide for other enhancements to tenants’ rights. Provisions of Bill Removes the right to vacant possession when selling. All areas not already designated as Rent Pressure Zones to become RPZs for a three-year
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Categories: News.